DOL LEVELS PLAYING FIELD FOR ADVISORS; NEW FIDUCIARY DUTY IMPOSED ON BROKERS
On Wednesday, April 6, the Department of Labor released the final version of its highly anticipated “fiduciary rule.” The final rule is the culmination of six years of study, commentary and revisions after the rule was initially proposed in October of 2010 (later withdrawn) and released again on April 20, 2015. The essence of the rule—to subject more advisers of employee benefit plan participants to the fiduciary standards of ERISA—remains unchanged from the 2015 proposal, but the Department of Labor made several key concessions to ease the burden on advisers.
More information is located HERE (PDF)
afhe 2016 Summer Conference & Membership Meeting
July 13, 2016
The Harmonie Club
4 East 60th Street; New York, NY 10022
More information is located HERE
Every family has values, right? Do the decisions you make as a family accurately reflect your values?
2013 is rolling along; are you doing everything you can to improve your tax situation?
According to a recent study, over 25 percent of U.S. workers with a 401(k) will access their plan savings before they retire....